you are viewing a single comment's thread.
That is the annoying thing. I do not get the premium until the options are closed. I'm ready for a new broker!
which broker did you use? I had the same problem. They treated it like a short sale. It might be the option level your approved for.
I use Ameritrade. The broker told me that's how they treat covered calls. I need to call back and find out if I can get that changed in the future.